Feedzai is an AI-native platform that helps banks and financial institutions detect and prevent fraud and financial crime in real time. Founded in Portugal in 2011, its RiskOps platform unifies fraud detection, anti-money laundering, transaction monitoring, identity verification and scam prevention across the customer lifecycle. Feedzai screens transactions for institutions such as Citi and Lloyds Banking Group, and in 2025 was selected by the European Central Bank to help safeguard the forthcoming digital euro. The company reached a $2 billion valuation in October 2025.
Federato is an AI-native insurance platform built around a framework it calls RiskOps - software that connects portfolio strategy to the day-to-day decisions underwriters make on individual policies. Founded in 2020 by Stanford researchers Will Ross and William Steenbergen, the company sells to property-and-casualty carriers, MGAs and mutuals, and reports customers regularly see a 90% improvement in time-to-quote and a 3x lift in profitable business bound. In November 2025 it raised a $100M Series D led by Goldman Sachs Alternatives.